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San Francisco-based – Wells Fargo & Company is one of the largest financial services company in the U.S. with $1.95 trillion in assets and more than $1.4 trillion in deposits. The company provides banking, insurance, trust and investments, mortgage banking, investment banking, retail banking, brokerage services and consumer and commercial finance through over 7,200 stores, 13,000 ATMs, the internet and other distribution channels across North America and globally. The company provides its services through three broad segments: Community Banking offers a complete line of diversified financial products and services to consumers and small businesses, including checking and savings accounts, credit and debit cards, and auto, student, and small business lending. Wholesale Banking provides financial solutions to businesses across the United States and globally with annual sales generally in excess of $5 million. Wealth and Investment Management provides a full range of personalized wealth management, investment and retirement products and services to clients across U.S. based businesses.
Wells Fargo (WFC) Increases Despite Market Slip: Here's What You Need to Know
by Zacks Equity Research
In the closing of the recent trading day, Wells Fargo (WFC) stood at $56.72, denoting a +0.04% change from the preceding trading day.
SoFi Technologies (SOFI) Gains 9% in 3 Months: Is It Worth Buying?
by Arghyadeep Bose
SoFi Technologies' (SOFI) significant member growth, rising EBITDA, notable lending performance and strong valuation make it ideal for your portfolio.
U.S. Banks Soar as Fed Signals Rate Cuts Starting in September
by Riya Anand
U.S. bank stocks like C, JPM, WFC, EBMT, and FFWM rallied as the Federal Reserve signaled a rate cut beginning September.
JPMorgan (JPM) Stock Hits 2-Year High: Wait for the Dip or Buy Now?
by Swayta Shah
JPMorgan (JPM) stock briefly touches its two-year high. Should you consider buying the stock now or wait for the dip? Let's try to figure that out.
Deutsche Bank (DB) Settles 60% of Claims Related to Postbank Takeover
by Zacks Equity Research
Deutsche Bank (DB) settles the majority of the claims in the legal battle with former Postbank shareholders. This is likely to aid third-quarter financials.
Franklin (BEN) Stock Plunges 12.6% Amid SEC Probe Disclosure
by Zacks Equity Research
Franklin's (BEN) stock falls sharply as it replaces its CIO of Western Asset Management unit amid the SEC and the DOJ probe.
Wells Fargo (WFC) to Divest Majority of CRE Loan Servicing Unit
by Zacks Equity Research
Wells Fargo (WFC) agrees to sell its non-Agency third-party servicing segment of its CMS business to Trimont. This decision allows the bank to focus more on its core business activities.
Wells Fargo (WFC) Sees a More Significant Dip Than Broader Market: Some Facts to Know
by Zacks Equity Research
In the closing of the recent trading day, Wells Fargo (WFC) stood at $56.15, denoting a -0.53% change from the preceding trading day.
Wells Fargo (WFC) Down 7.5% in 3 Months: To Buy or Stay Clear?
by Riya Anand
Wells Fargo's (WFC) diversified revenue stream and capital adequacy seem favorable. However, existing asset cap and legal scrutiny are a concern.
Investors Heavily Search Wells Fargo & Company (WFC): Here is What You Need to Know
by Zacks Equity Research
Zacks.com users have recently been watching Wells Fargo (WFC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
JPMorgan, BofA & Others Face CFPB's Probe Over Zelle Fraud
by Nikita Kataruka
The CFPB probes major banks like JPMorgan (JPM), BofA (BAC) and Well Fargo (WFC) over their handling of customer funds on the peer-to-peer payments platform Zelle.
Piper Sandler (PIPR) to Pay $16M Fine for Record-Keeping Lapses
by Zacks Equity Research
Piper Sandler (PIPR) agrees to pay $16 million in civil penalties to U.S. regulators to settle probes into its record-keeping practices.
U.S. Bank Stocks Fell Amid Concern of Economic Slowdown
by Riya Anand
Shares of Citigroup (C), JPMorgan (JPM), Bank of America (BAC), Wells Fargo (WFC), Goldman Sachs (GS) and other U.S. banks tumbled after a weak July jobs report.
Wells Fargo (WFC) Faces Anti-Money Laundering, Sanctions Probe
by Zacks Equity Research
Wells Fargo (WFC) discloses that it is under investigation for anti-money laundering and sanctions programs in its second-quarter SEC filing.
Wells Fargo (WFC) Rides on Cost Control Amid Lower Loan Growth
by Zacks Equity Research
Wells Fargo's (WFC) cost-saving initiatives, along with its rising deposit balance, are expected to support its financials. However, a subdued loan balance is likely to impede the top-line growth.
Wells Fargo (WFC) Faces Lawsuit Over Employees High Drug Costs
by Zacks Equity Research
Wells Fargo (WFC) faces a lawsuit that claims it violated a federal law requiring firms to manage employee health and retirement programs properly.
Wells Fargo & Company (WFC) is Attracting Investor Attention: Here is What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Citigroup (C) Stock Rallies 27.3% YTD: What's Next for Investors?
by Riya Anand
Citigroup's (C) strength in the IB business and improving fee-based income looks favorable. However, rising expenses are a concern. Should investors buy the stock or wait for a better entry point?
SOFI Stock Before Q2 Earnings: Should You Buy, Sell or Hold?
by Shuvra Shankar Dey
SOFI's second-quarter 2024 earnings and revenues are likely to increase year over year.
SoFi Technologies (SOFI) Rises 12% in a Month: Good Time to Buy?
by Shuvra Shankar Dey
Given the recent surge in SoFi Technologies (SOFI) shares, we evaluate the stock's current position to determine how to play it now.
The Zacks Analyst Blog Highlights Netflix, Wells Fargo, Comcast and AXIL Brands
by Zacks Equity Research
Netflix, Wells Fargo, Comcast and AXIL Brands are part of the Zacks top Analyst Blog.
Q2 Earnings Season Scorecard and Analyst Reports for Netflix, Wells Fargo & Comcast
by Sheraz Mian
Today's Research Daily features a real-time update on the Q2 earnings season and new research reports on Netflix (NFLX), Wells Fargo (WFC) and Comcast (CMCSA) and others.
Is Wells Fargo (WFC) Worth a Bet Post Q2 Earnings Beat?
by Riya Anand
Wells Fargo's (WFC) strength in fee-based income and capital adequacy seems favorable. However, the existing asset cap is a concern.
What You Need to Know About Bank ETFs In Light of Q2 Earnings
by Sanghamitra Saha
U.S. banking earnings indicate solid investment banking performance and tepid consumer finances.
PNC Financial (PNC) Q2 Earnings Beat on Higher Fee Income
by Zacks Equity Research
The rise in non-interest income and higher loan balance support PNC Financial's (PNC) Q2 earnings, while lower net interest income and a rise in provisions act as headwinds.